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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 229.12

-0.2%

Nov 26 3:59 PM EST

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To: Robert Rose who wrote (108511)	9/17/2000 1:48:38 PM
From: H James Morris	Read Replies (1) of 164684

>Earnings warnings don't seem all that widespread, so all this fretting appears to be an excuse to sell because there's no reason to buy. Rob, there have been 110 announcements of lower-than-expected earnings for the third qtr, up from 69 at the same time last qtr. The euro has lost 14% of its value against the dollar this year. If McDonalds is going to have problems, then everyone knows who does business internationally is going to have the same problem. Don't you agree? The Asian economy is still fragile, and the surge in Oil prices affects them a lot worse than us. The good news? Lehman and Morgan Stanley report next. Both firms have beaten analyst estimates every qtr for the last 6. Btw I often scratch my head wondering why this thread never discussed the "good girls" other than me.;-)

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